Fargo & Co/mn Wells, 10% Owner at RACKSPACE HOSTING, INC. (RAX), sold 170,000 shares at $26.44 ($4.5M) on 2010-11-08, disclosed to the SEC on 2010-11-10.
Open-market sale of $4.5M RAX by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.
| Filing → |
| RAX | SELL | 2010-11-15 | $8.4M | — | Filing → |
| RAX | SELL | 2010-11-15 | $13.3M | — | Filing → |
| RAX | SELL | 2010-11-12 | $6.8M | — | Filing → |